16 hours ago
Stakeholders gather at UPSIDA-CII meeting on logistics & supply chain
The Uttar Pradesh State Industrial Development Authority (UPSIDA) and Confederation of Indian Industry (CII) organised Uttar Pradesh Logistics and Supply Chain Summit-2025 in Noida on Friday. The summit focused on future strategies, investment, opportunities, and digital transformation in the logistics and supply chain sector, said a statement.
The event brought together stakeholders from logistics, multimodal infrastructure, and supply chain sectors, including industry leaders, policymakers, and innovators.
Mayur Maheshwari, CEO of UPSIDA, said Uttar Pradesh is transitioning from traditional e-commerce to mobile commerce (m-commerce).
Pranay S Garg, MD of Advance Valves and former chairman of CII Western UP Zonal Council, mentioned that India's logistics and transportation sector is poised for large-scale growth. He estimated that by 2050, logistics demand would reach 15.6 trillion ton-km, necessitating deep coordination between the government, industry and service providers.
Mahesh Munjal, chairman of CII Western UP Zonal Council, said that supply chains and logistics are no longer limited to transactional roles — they are now strategic pillars of business success in a highly competitive environment.
Under the Industrial Investment & Employment Promotion Policy 2022, the UP government is encouraging private sector participation in developing industrial parks. Investors can now establish parks on their own land and receive various incentives, said the statement.
